$564,227 - $645,000
RENTED OCT 21, 2024

248 Butternut Dr Wayne, NJ 07470

2 Beds
2.5 Baths
1,777 Sq Ft
4,530 Sq Ft Lot

Last Sold July 23, 2021

Last sale price $390,000 $219 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,270/month

Highlights

  • En-Suite Primary Bedroom
  • Schuyler-Colfax Middle School Rated A
  • Washer and Dryer

About This Home

As of October 2024

Extremely private 2-bedroom end unit at Timber Valley in Wayne. Spacious foyer welcoming you to this home. Large eat in kitchen with pantry and all appliances. Dining room with sliding door to huge deck. Sunken living room with high ceiling and fireplace. Second floor is offering large primary bedroom with full bathroom, 2 walk-in closets and balcony. Second bedroom and full bath. Family room in the finished basement, a lot of storage. Long driveway can hold several cars plus one car garage. Tenants are responsible for utilities, sewer and water charges, 1.5 month security deposit, tenants' insurance is required as well as NTN report, proof of income. Pets would be considered for additional fee.

Last Agent to Rent the Property

Lali Nanidzhanyan

Prominent Properties Sotheby's International Realty-Franklin Lakes Listed on: 10/01/2024

Prominent Properties Sotheby's International Realty-Franklin Lakes

Last Renter's Agent

Barbara Hallac

Weichert Realtors, Kinnelon

Weichert Realtors, Kinnelon

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,979

Year Built

  • 1988

Lot Details

  • 4,530

Parking

  • 1 Car Garage
  • Garage Door Opener

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry in unit
  • Washer and Dryer

Utilities

  • Cooling System Powered By Gas
  • Heating System Uses Natural Gas

Community Details

  • Pets allowed on a case-by-case basis

Condo Details

Home Type

Condominium

Est. Annual Taxes

$11,979

Year Built

1988

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Lease
  • PropertySubType: Condominium
  • ResoLaundryFeatures: In Unit
  • View Type:Pond View: None
  • NAV29_Unit_1_Appliances: Dishwasher, Microwave, Ov/Rang/Gs, Refrigerator, Washer/Dryer
  • Reso Association Amenities: Common Area
  • Reso Pets Allowed: Pets Conditional, O/See Rmks
  • Co List Office Phone: (201) 848-4002
  • MLS Status: Leased - Leased
  • Directions: Berdan Ave to Timber Valley
  • Reso Fireplace Features: 1 Fireplace
  • Year Built Details: 1980's
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1988

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Primary Bathroom: Yes

Exterior Features

  • Disclosures: Seller's Agent

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Garage Door Opener

Utilities

  • Cooling: Gas
  • Heating: Natural Gas

Lot Info

  • Lot: 00077

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2021
Closed on
Jul 21, 2021
Sold by
Regalbuto Edward and Mayer Kelly
Bought by
Chang Robert and Chang Denise
Seller's Agent
LISA R. UVANNI
COLDWELL BANKER REALTY SRV
List Price
$389,000
Sold Price
$390,000
Premium/Discount to List
$1,000
0.26%
Current Estimated Value
$600,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,557
Avg. Annual Appreciation
11.13%
Original Mortgage
$312,000
Outstanding Balance
$284,316
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$316,241

Purchase Details

Listed on
Aug 28, 2013
Closed on
Aug 28, 2013
Sold by
Teger Lauren and Scott Lauren
Bought by
Regalbuto Edward and Mayer Kelly
Seller's Agent
Eugene Lowe
HOWARD HANNA RAND REALTY
Buyer's Agent
LISA R. UVANNI
COLDWELL BANKER REALTY SRV
Sold Price
$337,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.86%
Original Mortgage
$252,750
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2007
Sold by
Karell Henry E and Loor Sylvia
Bought by
Teger Lauren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
6.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2000
Sold by
Peterson Phyllis
Bought by
Kapsi Eha

Purchase Details

Closed on
Jan 4, 1995
Sold by
Shacknow George and Shacknow Norma
Bought by
Peterson Phyllis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,000
Interest Rate
9.24%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chang Robert $390,000 Main Street Title
Regalbuto Edward $337,000 Agent For Chicago Title Insu
Teger Lauren $415,000 --
Kapsi Eha $269,750 --
Peterson Phyllis $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chang Robert $312,000
Previous Owner Regalbuto Edward $252,750
Previous Owner Teger Lauren $320,000
Previous Owner Teger Lauren $332,000
Previous Owner Peterson Phyllis $149,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2024 10/21/24 Rented $3,500 0.0% --
10/01/2024 10/01/24 For Rent $3,500 0.0% --
07/23/2021 07/23/21 Sold $390,000 +0.3% $219 / Sq Ft
06/10/2021 06/10/21 Pending -- -- --
05/19/2021 05/19/21 For Sale $389,000 +15.4% $219 / Sq Ft
08/28/2013 08/28/13 Sold $337,000 -- $190 / Sq Ft
Source: New Jersey MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,979 $209,500 $75,000 $134,500
2022 $11,845 $209,500 $75,000 $134,500
2021 $11,833 $209,500 $75,000 $134,500
2020 $11,780 $209,500 $75,000 $134,500
2019 $11,552 $209,500 $75,000 $134,500
2018 $11,449 $209,500 $75,000 $134,500
2017 $11,344 $209,500 $75,000 $134,500
2016 $11,185 $209,500 $75,000 $134,500
2015 $11,051 $209,500 $75,000 $134,500
2014 $10,739 $209,500 $75,000 $134,500
Source: Public Records

Agents Affiliated with this Home

  • Lali Nanidzhanyan

    Landlord's Agent in 2024

    Lali Nanidzhanyan

    Prominent Properties Sotheby's International Realty-Franklin Lakes

    (917) 331-3733

    27 Total Sales

    Lali Nanidzhanyan
    Section Image
  • Barbara Hallac

    Tenant's Agent in 2024

    Barbara Hallac

    Weichert Corporate

    (908) 612-4060

    44 Total Sales

    Barbara Hallac
    Section Image

  • L

    Seller's Agent in 2021

    LISA R. UVANNI

    COLDWELL BANKER REALTY SRV

  • Eugene Lowe

    Seller's Agent in 2013

    Eugene Lowe

    Rand Realty

    (973) 513-3393

    26 in this area

    518 Total Sales

    Eugene Lowe
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 24031675

New Jersey MLS

APN: 14-04600-0000-00077

New Jersey Passaic County Wayne 07470

248 Butternut Dr, Wayne, NJ

This home is located at 248 Butternut Dr, Wayne, NJ 07470 since 01 October 2024 and is currently priced at $600,557. This property was built in 1988. 248 Butternut Dr is a home located in Passaic County with nearby schools including Pines Lake Elementary School, Schuyler-Colfax Middle School, and Wayne Hills High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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